The Mustang-Padre Island housing market is not very competitive. The median sale price of a home in Mustang-Padre Island was $480K last month, up 8.9% since last year. The median sale price per square foot in Mustang-Padre Island is $278, up 9.4% since last year.
What is the housing market like in Mustang-Padre Island today?
$480K
Sale Price
+8.9% since last year
$278
Sale $/Sq. Ft.
+9.4% since last year
Under List Price
3.8%
Days on Market
103
Down Payment
11.7%
Total Homes Sold
34
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How hot is the Mustang-Padre Island housing market?
Mustang-Padre Island is not very competitive. Homes sell in 103 days.
0
100
16
Not Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Multiple offers are rare.
The average homes sell for about 4% below list price and go pending in around 103 days.
Hot homes
can sell for around list price and go pending in around 29 days.
Learn about schools in the Mustang-Padre Island area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Mustang-Padre Island housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Mustang-Padre Island.
Risk Factor
Flood Factor - Extreme
86% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Mustang-Padre Island has an extreme risk of flooding. 8,680 properties in Mustang-Padre Island are likely to be
severely affected
by flooding over the next 30 years. This represents 86% of all properties in Mustang-Padre Island. Flood risk is increasing slower than the national average.
61% of properties are at risk of wildfire over the next 30 years
Fire Factor
Mustang-Padre Island has a major risk of wildfire. There are 6,289 properties in Mustang-Padre Island that have some risk of being affected by wildfire over the next 30 years. This represents 61% of all properties in Mustang-Padre Island.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Mustang-Padre Island has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Mustang-Padre Island is most at risk from hurricanes. 10,211 properties in Mustang-Padre Island have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 209 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 224 mph.
99% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Mustang-Padre Island has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in Mustang-Padre Island have an Extreme Heat Factor®.
Mustang-Padre Island is expected to see a 285% increase in the number of days over 108ºF over the next 30 years. Mustang-Padre Island is expected to experience 7